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ORMAT TECHNOLOGIES, INC. — Director's Dealing 2019
Nov 11, 2019
6968_rns_2019-11-11_087faae4-6e39-4857-8d26-96412b370c58.pdf
Director's Dealing
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| SEC Form 4 | |||||||||||||||||
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| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
OMB APPROVAL | |||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP | OMB Number: | Estimated average burden hours per response: |
3235-0287 0.5 |
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| Instruction 1(b). | obligations may continue. See | Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 | |||||||||||||||
| 1. Name and Address of Reporting Person* Argas Shlomi (Last) (First) (Middle) |
or Section 30(h) of the Investment Company Act of 1940 2. Issuer Name and Ticker or Trading Symbol ORMAT TECHNOLOGIES, INC. [ ORA ] 3. Date of Earliest Transaction (Month/Day/Year) |
5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title Other (specify X below) below) EVP, Product Segment |
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| C/O ORMAT TECHNOLOGIES, INC. 6140 PLUMS ST |
11/07/2019 | ||||||||||||||||
| (Street) RENO NV 89519-6075 |
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person |
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| (City) | (State) | (Zip) | |||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) |
2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) |
Owned | 5. Amount of Securities Beneficially |
6. Ownership Form: Direct (D) or |
7. Nature of Indirect Beneficial Ownership |
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| Code | V | Amount | (A) or (D) |
Following Reported Price |
Transaction(s) (Instr. 3 and 4) |
Indirect (I) (Instr. 4) |
(Instr. 4) | ||||||||||
| Common Stock | 11/07/2019 | M | 334(1) | A | \$0(1) | 668 | D | ||||||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) |
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| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction (s) (Instr. 4) |
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code V | (A) | (D) | Date Exercisable |
Date | Expiration | Title | Amount or Number of Shares |
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| Restricted Stock Units |
(1) | 11/07/2019 | M | 334 | 11/07/2018 (1) |
11/07/2021 (1) |
Common Stock |
334 | \$0(1) | 669 | D |
Explanation of Responses:
- Each restricted stock unit represent the right to receive per share of ORA common stock upon vesting. The restricted stock units vest 25% on each of the one, two, three- and four-year anniversaries of the date of grant (November 7, 2017).
| /s/ Etty Rosner- as attorney | ||||
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| in-fact | 11/08/2019 | |||
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.